The laminated busbar market is projected to grow at a CAGR of 5.72% from 2016 to 2021

The laminated busbar market is projected to reach USD 955.6 million by 2021, growing at a CAGR of 5.72% from 2016 to 2021. Laminated busbars are used in power electronics, alternative energy, transportation, aerospace & defence, industrial, datacenter, telecom, as well as in laboratory and research applications. Increase in the development of smart cities, increase in the contribution of renewable energy sources to the global power generation mix, and increasing awareness about energy saving and efficiency are expected to drive the laminated busbar market. Low quality laminated busbars for different end use applications, are available in the grey market which is a restraint for established laminated busbar manufacturers.

The laminated busbars with tedlar segment is expected to grow at the fastest CAGR from 2016 to 2021

With regard to insulation material, the laminated busbar with tedlar segment is estimated to grow at the fastest CAGR. Tedlar meets all the U.S. Federal Aviation Administration and European Aviation Safety Agency’s (FAA/EASA) fire, smoke and toxicity (FST) regulatory requirements, which means they can be used in the aerospace, transportation, architecture, and construction sectors.

Europe: The largest market for laminated busbars

Europe is currently the largest market for laminated busbars, closely followed by the Asia-Pacific. The European market is primarily driven by countries such as Germany, France, Russia, and the Rest of Europe, where there is a high demand for laminated busbars. The market in this region is projected to grow at a high rate, with Germany expected to dominate the market.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as to assess future market prospects. The distribution of primary interviews is as follows:

The laminated busbars market, based on insulation material, has been classified into epoxy powder coating, Kapton, Mylar, Nomex, Tedlar, and Teonex. These insulating materials are used as protective enclosures, coated around the busbars to prevent leakage of current from one phase of the busbar to another.

By End-User

The laminated busbar market, based on end user, has been segmented into power electronics, alternative energy, transportation, aerospace & defense, telecom, datacenters, industrial, and others.

By Region

The global laminated busbar market analyses with respect to five regions, namely, North America, South America, Europe, Asia-Pacific, and the Middle East & Africa.

Why buy this report?

1. The report identifies and addresses key markets for laminated busbar market, which is useful for suppliers to review the growth in demand for the product.

2. The report helps solution providers to understand the pulse of the market and provides insights on drivers, restraints, and challenges.

3. The report will help key players to better understand the competition’s strategies and will help in making strategic decisions.

1 INTRODUCTION 14

1.1 OBJECTIVES OF THE STUDY 14

1.2 MARKET DEFINITION 14

1.3 MARKET SCOPE 15

1.3.1 MARKETS COVERED 15

1.3.2 YEARS CONSIDERED FOR THE STUDY 15

1.4 CURRENCY 16

1.5 LIMITATIONS 16

1.6 STAKEHOLDERS 16

2 RESEARCH METHODOLOGY 17

2.1 RESEARCH DATA 17

2.1.1 SECONDARY DATA 18

2.1.1.1 Key data from secondary sources 18

2.1.2 PRIMARY DATA 19

2.1.2.1 Key data from primary sources 19

2.1.2.2 Key industry insights 20

2.1.2.3 Breakdown of primaries 20

2.2 MARKET SIZE ESTIMATION 21

2.2.1 BOTTOM-UP APPROACH 21

2.2.2 TOP-DOWN APPROACH 22

2.3 MARKET BREAKDOWN & DATA TRIANGULATION 23

2.4 RESEARCH ASSUMPTIONS & LIMITATIONS 24

2.4.1 ASSUMPTIONS 24

2.4.2 LIMITATIONS 24

3 EXECUTIVE SUMMARY 25

3.1 INTRODUCTION 25

3.2 HISTORICAL BACKDROP & EVOLUTION 25

3.3 CURRENT SCENARIO 25

3.4 FUTURE OUTLOOK 26

3.5 COMPETITIVE SCENARIO 28

3.6 CONCLUSION 28

4 PREMIUM INSIGHTS 29

4.1 LAMINATED BUSBAR MARKET, BY INSULATION MATERIAL 30

4.2 LAMINATED BUSBAR MARKET: END-USER VS. INSULATION MATERIAL 31

4.3 EUROPE IS PROJECTED TO BE THE LARGEST MARKET DURING THE FORECAST PERIOD 32

4.4 LAMINATED BUSBAR MARKET, BY END-USER, 2021 33

4.5 LIFE CYCLE ANALYSIS, BY REGION 34

5 MARKET OVERVIEW 35

5.1 INTRODUCTION 36

5.2 ADVANTAGES OF BUSBARS OVER CABLES 36

5.3 MARKET SEGMENTATION 37

5.3.1 BY INSULATION MATERIAL 37

5.3.2 BY END USER 38

5.3.3 BY REGION 38

5.4 MARKET DYNAMICS 39

5.4.1 DRIVERS 39

5.4.1.1 Development of smart cities 39

5.4.1.2 Increase in the contribution of renewable sources of energy in